LIC Housing Finance, a subsidiary of LIC, today said its net profit rose by 18.31 per cent at Rs 123.83 crore for the quarter ended June 30, 2009, compared to the same period last year.
The company had a net profit of Rs 104.66 crore in the same quarter last year, LIC Housing Finance said in a filing to the Bombay Stock Exchange.
Total income rose to Rs 780.18 crore in the latest quarter, against Rs 619.93 crore in the same period in the previous fiscal.
Shares of LIC Housing Finance today settled at Rs 635 on the BSE, down 1.65 per cent from the previous close.